Eye On Housing
NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates ongoing expansion of the volume of custom home building but slight declines in terms of overall market share. Over the last four quarter period, ending with the third quarter of 2017, there were 173,000 total custom single-family home starts, an increase of more than… Read More ›
Looking at single-family homes started in 2016, the median prices per square foot, excluding improved lot values, range from $164 for contractor-built homes in the Pacific division to $81 for speculatively built homes in the East South Central division. At $164 per square foot, new contractor-built single-family homes in Pacific are the most expensive to build exceeding the national average… Read More ›
Custom home building registered declining market shares across all regions of the Unites States in 2015, except the New England and East South Central division where the custom home share of new single-family starts remained stable and relatively high. NAHB’s analysis of the most recent Census Bureau’s Survey of Construction (SOC) shows that New England registered the highest custom home… Read More ›